Some 37 per cent of respondents – a three per cent rise since 2011 – say they have been victims of economic crime, according to PwC’s 2014 Global Economic Crime Survey. And, about 25 per cent say they have been victims of cybercrime, as fraudsters increasingly turn to technology as their main crime tool.
Even worse than the direct financial impact of economic crime is its threat to a wide range of business systems that are the lifeblood of corporate operations. Economic crime is a pervasive, global threat.